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Global News
Greece’s retirement plan, which lets 14 percent of its work force retire early, has become divisive in Europe.
The European Union rebutted criticism by the U.S. of its plans to tighten the rules on hedge funds.
The earnings suggest makers of the lower-priced cars that most people drive could struggle with meager profits for years to come.
The year-on-year rise in February was partly attributable to the Lunar New Year holiday but also to rising inflationary pressures in China’s economy.
HSBC said the theft of Swiss client data involved in a recent tax dispute with France was larger than had been acknowledged, involving at least 24,000 clients.
Global Markets
Global Markets Overview: China reawakens fears over monetary tightening, US data boost stocks
Nymex April Henry Hub fell 2.7 per cent following the latest US inventories data that showed a fall of 111bn cubic feet in stocks
What exactly is happening in the bowels of the American mortgage market? asks Gillian Tett
The sector was under pressure after Chinese inflation hit its highest level since October 2008, adding pressure on Beijing to cool growth
The miner, has asked some of the world’s top steel producers to pay 80-100 per cent more for their ore supplies in 2010-11